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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar)

VNE 36.95

0.0%

Apr 1 5:00 PM EST

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To: New Economy who wrote (897)	4/13/1999 11:40:00 AM
From: New Economy	Read Replies (1) of 974

ibm.com CIO magazine reports that in 1996, 11 percent of executives thought the Internet would impact their businesses in a significant way. Today that number is 90 percent. The shift towards an e-business-enabled economy is driving tremendous growth and change among businesses today, and the long-term success of your organization depends on how well you respond to this and to the underlying marketplace trends that are contributing to it. Globalization of business The Internet is changing the rules of the game: it lets a florist in Paris become a direct competitor of a shop in San Antonio, and has provided American-based bookseller Amazon.com with the opportunity to amass 20 percent of its business from outside the United States. More than 60 million Americans, not to mention international Web users, are now online -- exploring, connecting, and shopping. Tapping into and communicating directly with this new pool of customers may help you learn more about how to target your product or service, and may ultimately help expand your customer base exponentially. Value-Net: need I say anymore: Business-to-business The Internet is also a great way to network business-to-business. When your suppliers and distributors become e-business-enabled and access your schedules, billing, and inventory electronically, management of the supply chain becomes much more efficient. Working with non-local suppliers and distributors this way can also help hold down costs and keep prices competitive. An upcoming article will delve into e-business-enabled supply chain management in more depth.

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